secwatch / observer
8-K filed October 26, 2023, 7:59 PM ET ticker LAZ CIK 0001311370
earnings confidence high sentiment negative materiality 0.85

Lazard Q3 adjusted EPS $0.10, revenue down 27% YoY; plans C-corp conversion

Lazard, Inc.

2023-Q3 EPS reported -$1.60 revenue$1,767,399,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Lazard, Inc. reported first nine months of 2023 results: revenue $1,679 million, net income $10 million, EPS $0.10 per share, diluted.

Period
first nine months of 2023
Revenue
$1,679 million
Net income
$10 million
EPS
$0.10 per share, diluted
Result
reported results
Exact text from the filing
5 of this release. A reconciliation of adjusted GAAP to U.S. GAAP is on pages 13-14. 1 OPERATING REVENUE Operating revenue was $532 million for the third quarter of 2023, and $1,679 million for the first nine months of 2023, 27% and 20% lower, respectively, from the comparable 2022 periods. Financial Advisory For the third quarter of 2023, Financial Advisory
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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Lazard, Inc. reported third quarter ended September 30, 2023 results: revenue $532 million, net income $10 million, EPS $0.10 per share, diluted.

Period
third quarter ended September 30, 2023
Revenue
$532 million
Net income
$10 million
EPS
$0.10 per share, diluted
Result
reported results
Exact text from the filing
Lazard Ltd (NYSE: LAZ) today reported operating revenue 1 of $532 million for the quarter ended September 30, 2023. Net income, as adjusted 2 , was $10 million, or $0.10 per share, diluted, for the quarter.
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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Lazard, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-23-035178
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